Proof! President Obama Will Win 2012

[LumRaiderFan]

[quote name="westend1" post="1046712" timestamp="1314976576"]
[quote author=LumRaiderFan link=topic=87540.msg1046708#msg1046708 date=1314976464]
[quote author=True Blue link=topic=87540.msg1046704#msg1046704 date=1314976249]
[quote author=LumRaiderFan link=topic=87540.msg1046701#msg1046701 date=1314975982]
[quote author=westend1 link=topic=87540.msg1046687#msg1046687 date=1314974754]
[quote author=LumRaiderFan link=topic=87540.msg1046682#msg1046682 date=1314974284]
[quote author=BLUEDOVE3 link=topic=87540.msg1046677#msg1046677 date=1314973916]
WHOAAA! Briefly caught on CBS this morning: [b]auto industry selling cars[/b], manufacturing is doing good, retail sales much better than expected this August ...Keep Hope Alive!
[/quote]

Not selling this car...they can't give these volts away and they want 10,000 sold by end of 2011...can you say subsidize?  Another green idea heading south!

http://www.foxnews.com/leisure/2011/09/02/is-chevy-volt-already-out-gas/?test=faces
[/quote]

Did you read the article or just the headline?
[/quote]

I read the article...your point?  Would you call this a success?
[/quote] They are selling as fast as anything else, so I would not call it a flop as you trying too. But keep searching for any thing to blame Obama for, Maybe your going to blame him for the drought in Texas or the floods in the east. God is on your side :o
[/quote]

The factory where they are made is subsidized @ 30% with taxpayer money...that's what angers me...spend your own money on crappy cars, no mine!  Wouldn't matter who was in office
[/quote]

You should have said that in the first place rather than, "they can't give them away".  That's just untrue, isn't it?
[/quote]

Wow...you got me!  ::)

[stevenash]

[quote name="westend1" post="1046706" timestamp="1314976366"]
http://online.wsj.com/article/BT-CO-20110804-709472.html          Better than the last 8 years, huh?
[/quote]

Year over year comparisons are meaningless.  You and I already had this discussin on Abbot labs.  If a basketball player is averaging 2 points per game and then starts averaging 4 points per game, you can make a headline that says " Player increases point production by 100%"  Sound good but isnt

[westend1]

[quote name="stevenash" post="1046746" timestamp="1314977753"]
[quote author=westend1 link=topic=87540.msg1046706#msg1046706 date=1314976366]
http://online.wsj.com/article/BT-CO-20110804-709472.html          Better than the last 8 years, huh?
[/quote]

Year over year comparisons are meaningless.  You and I already had this discussin on Abbot labs.  If a basketball player is averaging 2 points per game and then starts averaging 4 points per game, you can make a headline that says " Player increases point production by 100%"  Sound good but isnt
[/quote]

4 points is better than 2 and more profit is better than less, however you try to spin it.

[Guest 58SHW]

[quote name="True Blue" post="1046704" timestamp="1314976249"]
[quote author=LumRaiderFan link=topic=87540.msg1046701#msg1046701 date=1314975982]
[quote author=westend1 link=topic=87540.msg1046687#msg1046687 date=1314974754]
[quote author=LumRaiderFan link=topic=87540.msg1046682#msg1046682 date=1314974284]
[quote author=BLUEDOVE3 link=topic=87540.msg1046677#msg1046677 date=1314973916]
WHOAAA! Briefly caught on CBS this morning: [b]auto industry selling cars[/b], manufacturing is doing good, retail sales much better than expected this August ...Keep Hope Alive!
[/quote]

Not selling this car...they can't give these volts away and they want 10,000 sold by end of 2011...can you say subsidize?  Another green idea heading south!

http://www.foxnews.com/leisure/2011/09/02/is-chevy-volt-already-out-gas/?test=faces
[/quote]

Did you read the article or just the headline?
[/quote]

I read the article...your point?  Would you call this a success?
[/quote] They are selling as fast as anything else, so I would not call it a flop as you trying too. But keep searching for any thing to blame Obama for, Maybe your going to blame him for the drought in Texas or the floods in the east. God is on your side :o
[/quote]

Wont blame those events on him, but I am sure HE will blame those events on WHY his economic policies have failed. Why not he blames events on the other side of the world.

[tvc184]

[quote name="westend1" post="1046754" timestamp="1314978047"]
4 points is better than 2 and more profit is better than less, however you try to spin it.
[/quote]

With 300,000+ people losing their jobs every week and several thousand a week entering the work force, that 4 points won't help.

There has been a lot of talk of the Volt on this thread but if GM hires a few thousand new employees to produce them, what does that do to the unemployment rate?

Our current job creation can't keep up with the job losses. So one company adds 500 employees and another lays off 1,000.

To put it in your basketball analogy, a guy that just doubled his point production hit the floor but he is replacing an injured player that has 15 points a game average. Yeah, that 4 points will help but it won't replace the 15 that you just lost.

[stevenash]

[quote name="westend1" post="1046754" timestamp="1314978047"]
[quote author=stevenash link=topic=87540.msg1046746#msg1046746 date=1314977753]
[quote author=westend1 link=topic=87540.msg1046706#msg1046706 date=1314976366]
http://online.wsj.com/article/BT-CO-20110804-709472.html          Better than the last 8 years, huh?
[/quote]

Year over year comparisons are meaningless.  You and I already had this discussin on Abbot labs.  If a basketball player is averaging 2 points per game and then starts averaging 4 points per game, you can make a headline that says " Player increases point production by 100%"  Sound good but isnt
[/quote]

4 points is better than 2 and more profit is better than less, however you try to spin it.
[/quote]

The markets dont spin anything.  They give a very unbiased, non political opinion.  In their opinion, the company is worth about a third less than when it came out.  Funny that you, of all people, would say more profits are good.  You didnt seem to think that about Abbot Labs

[westend1]

[quote name="stevenash" post="1046791" timestamp="1314979526"]
[quote author=westend1 link=topic=87540.msg1046754#msg1046754 date=1314978047]
[quote author=stevenash link=topic=87540.msg1046746#msg1046746 date=1314977753]
[quote author=westend1 link=topic=87540.msg1046706#msg1046706 date=1314976366]
http://online.wsj.com/article/BT-CO-20110804-709472.html          Better than the last 8 years, huh?
[/quote]

Year over year comparisons are meaningless.  You and I already had this discussin on Abbot labs.  If a basketball player is averaging 2 points per game and then starts averaging 4 points per game, you can make a headline that says " Player increases point production by 100%"  Sound good but isnt
[/quote]

4 points is better than 2 and more profit is better than less, however you try to spin it.
[/quote]

The markets dont spin anything.  They give a very unbiased, non political opinion.  In their opinion, the company is worth about a third less than when it came out.  Funny that you, of all people, would say more profits are good.  You didnt seem to think that about Abbot Labs
[/quote]

You seem to have forgotten parts of that conversation.  I don't mind profits, I just don't want to give tax breaks to companies who fire Americans and hire overseas.

[True Blue]

[quote name="westend1" post="1046833" timestamp="1314981213"]
[quote author=stevenash link=topic=87540.msg1046791#msg1046791 date=1314979526]
[quote author=westend1 link=topic=87540.msg1046754#msg1046754 date=1314978047]
[quote author=stevenash link=topic=87540.msg1046746#msg1046746 date=1314977753]
[quote author=westend1 link=topic=87540.msg1046706#msg1046706 date=1314976366]
http://online.wsj.com/article/BT-CO-20110804-709472.html          Better than the last 8 years, huh?
[/quote]

Year over year comparisons are meaningless.  You and I already had this discussin on Abbot labs.  If a basketball player is averaging 2 points per game and then starts averaging 4 points per game, you can make a headline that says " Player increases point production by 100%"  Sound good but isnt
[/quote]

4 points is better than 2 and more profit is better than less, however you try to spin it.
[/quote]

The markets dont spin anything.  They give a very unbiased, non political opinion.  In their opinion, the company is worth about a third less than when it came out.  Funny that you, of all people, would say more profits are good.  You didnt seem to think that about Abbot Labs
[/quote]

You seem to have forgotten parts of that conversation.  I don't mind profits, I just don't want to give tax breaks to companies who fire Americans and hire overseas.
[/quote] And I have said I dont mind profits as long as we are not giving oil comp. large tax cuts when they make Billions a quarter in proffit.

[LumRaiderFan]

[quote name="westend1" post="1046833" timestamp="1314981213"]
[quote author=stevenash link=topic=87540.msg1046791#msg1046791 date=1314979526]
[quote author=westend1 link=topic=87540.msg1046754#msg1046754 date=1314978047]
[quote author=stevenash link=topic=87540.msg1046746#msg1046746 date=1314977753]
[quote author=westend1 link=topic=87540.msg1046706#msg1046706 date=1314976366]
http://online.wsj.com/article/BT-CO-20110804-709472.html          Better than the last 8 years, huh?
[/quote]

Year over year comparisons are meaningless.  You and I already had this discussin on Abbot labs.  If a basketball player is averaging 2 points per game and then starts averaging 4 points per game, you can make a headline that says " Player increases point production by 100%"  Sound good but isnt
[/quote]

4 points is better than 2 and more profit is better than less, however you try to spin it.
[/quote]

The markets dont spin anything.  They give a very unbiased, non political opinion.  In their opinion, the company is worth about a third less than when it came out.  Funny that you, of all people, would say more profits are good.  You didnt seem to think that about Abbot Labs
[/quote]

You seem to have forgotten parts of that conversation.  I don't mind profits, I just don't want to give tax breaks to companies who fire Americans and hire overseas.
[/quote]

But you seem to defend GM and the volt subsidies when GM is doing this:

http://www.washingtonpost.com/wp-dyn/content/article/2009/05/07/AR2009050704336.html

One quote in particular:

"It's an almost impossible dilemma," said former labor secretary Robert B. Reich, now a professor at the University of California-Berkeley. "GM is a global company -- so for that matter is AIG and the biggest Wall Street banks. That means that bailing them out doesn't necessarily redound to the benefit of the U.S. or American workers.

[stevenash]

[quote name="True Blue" post="1046840" timestamp="1314981460"]
[quote author=westend1 link=topic=87540.msg1046833#msg1046833 date=1314981213]
[quote author=stevenash link=topic=87540.msg1046791#msg1046791 date=1314979526]
[quote author=westend1 link=topic=87540.msg1046754#msg1046754 date=1314978047]
[quote author=stevenash link=topic=87540.msg1046746#msg1046746 date=1314977753]
[quote author=westend1 link=topic=87540.msg1046706#msg1046706 date=1314976366]
http://online.wsj.com/article/BT-CO-20110804-709472.html          Better than the last 8 years, huh?
[/quote]

Year over year comparisons are meaningless.  You and I already had this discussin on Abbot labs.  If a basketball player is averaging 2 points per game and then starts averaging 4 points per game, you can make a headline that says " Player increases point production by 100%"  Sound good but isnt
[/quote]

4 points is better than 2 and more profit is better than less, however you try to spin it.
[/quote]

The markets dont spin anything.  They give a very unbiased, non political opinion.  In their opinion, the company is worth about a third less than when it came out.  Funny that you, of all people, would say more profits are good.  You didnt seem to think that about Abbot Labs
[/quote]

You seem to have forgotten parts of that conversation.  I don't mind profits, I just don't want to give tax breaks to companies who fire Americans and hire overseas.
[/quote] And I have said I dont mind profits as long as we are not giving oil comp. large tax cuts when they make Billions a quarter in proffit.
[/quote]

Please tell me what large tax cuts have recently been enacted for oil companies

[True Blue]

[size=36pt]Given profits of $35 billion [/size] in just the first quarter alone, it's hard to find evidence that repealing these subsidies would cut domestic production or cause layoffs," Sen. Max Baucus (D-Mont.), chairman of the committee, lectured the oilmen.

Chevron Corp. Chief Executive John Watson, however, said: "Don't punish our industry for doing its job well."

Rising energy prices have become a key economic issue, threatening the current recovery, as well as a political one. Democrats have called for an end to the tax breaks as a way of generating income to close the federal budget deficit; the deficit has become a key GOP issue as the 2012 election approaches. [color=red]House Republicans have generally opposed ending the breaks because they view them as a tax increase[/color].

Events like Thursday's hearing have become a familiar sight when gasoline prices move upward, as they have in recent weeks. The national average for a gallon of regular unleaded is close to $4, and at least 17 states have prices well above that benchmark, according to recent surveys. [color=red]The oil executives argued that scaling back their tax breaks would unfairly single out their industry and hamper their ability to pursue new energy exploration,[/color] jeopardizing jobs and perhaps leading to even higher prices. They also contended their companies weren't to blame for high gas prices.  Oil executives defend profits, tax cuts at Senate hearing
Gasoline prices are driven by forces beyond their control, [color=red]heads of major oil companies tell lawmakers in arguing against repeal of tax breaks[/color] for their firms

[stevenash]

[quote name="True Blue" post="1046943" timestamp="1314986374"]
[size=36pt]Given profits of $35 billion [/size] in just the first quarter alone, it's hard to find evidence that repealing these subsidies would cut domestic production or cause layoffs," Sen. Max Baucus (D-Mont.), chairman of the committee, lectured the oilmen.

Chevron Corp. Chief Executive John Watson, however, said: "Don't punish our industry for doing its job well."

Rising energy prices have become a key economic issue, threatening the current recovery, as well as a political one. Democrats have called for an end to the tax breaks as a way of generating income to close the federal budget deficit; the deficit has become a key GOP issue as the 2012 election approaches. [color=red]House Republicans have generally opposed ending the breaks because they view them as a tax increase[/color].

Events like Thursday's hearing have become a familiar sight when gasoline prices move upward, as they have in recent weeks. The national average for a gallon of regular unleaded is close to $4, and at least 17 states have prices well above that benchmark, according to recent surveys. [color=red]The oil executives argued that scaling back their tax breaks would unfairly single out their industry and hamper their ability to pursue new energy exploration,[/color] jeopardizing jobs and perhaps leading to even higher prices. They also contended their companies weren't to blame for high gas prices.  Oil executives defend profits, tax cuts at Senate hearing
Gasoline prices are driven by forces beyond their control, [color=red]heads of major oil companies tell lawmakers in arguing against repeal of tax breaks[/color] for their firms
[/quote]

When were these tax breaks enacted?

[True Blue]

[quote name="stevenash" post="1046946" timestamp="1314986660"]
[quote author=True Blue link=topic=87540.msg1046943#msg1046943 date=1314986374]
[size=36pt]Given profits of $35 billion [/size] in just the first quarter alone, it's hard to find evidence that repealing these subsidies would cut domestic production or cause layoffs," Sen. Max Baucus (D-Mont.), chairman of the committee, lectured the oilmen.

Chevron Corp. Chief Executive John Watson, however, said: "Don't punish our industry for doing its job well."

Rising energy prices have become a key economic issue, threatening the current recovery, as well as a political one. Democrats have called for an end to the tax breaks as a way of generating income to close the federal budget deficit; the deficit has become a key GOP issue as the 2012 election approaches. [color=red]House Republicans have generally opposed ending the breaks because they view them as a tax increase[/color].

Events like Thursday's hearing have become a familiar sight when gasoline prices move upward, as they have in recent weeks. The national average for a gallon of regular unleaded is close to $4, and at least 17 states have prices well above that benchmark, according to recent surveys. [color=red]The oil executives argued that scaling back their tax breaks would unfairly single out their industry and hamper their ability to pursue new energy exploration,[/color] jeopardizing jobs and perhaps leading to even higher prices. They also contended their companies weren't to blame for high gas prices.  Oil executives defend profits, tax cuts at Senate hearing
Gasoline prices are driven by forces beyond their control, [color=red]heads of major oil companies tell lawmakers in arguing against repeal of tax breaks[/color] for their firms
[/quote]

When were these tax breaks enacted?
[/quote]from what I can find 2005 And We all know who was in the WHITE HOUSE that yr, GOD AND BIG OIL ;D ;D

[LumRaiderFan]

[quote name="True Blue" post="1046962" timestamp="1314987475"]
[quote author=stevenash link=topic=87540.msg1046946#msg1046946 date=1314986660]
[quote author=True Blue link=topic=87540.msg1046943#msg1046943 date=1314986374]
[size=36pt]Given profits of $35 billion [/size] in just the first quarter alone, it's hard to find evidence that repealing these subsidies would cut domestic production or cause layoffs," Sen. Max Baucus (D-Mont.), chairman of the committee, lectured the oilmen.

Chevron Corp. Chief Executive John Watson, however, said: "Don't punish our industry for doing its job well."

Rising energy prices have become a key economic issue, threatening the current recovery, as well as a political one. Democrats have called for an end to the tax breaks as a way of generating income to close the federal budget deficit; the deficit has become a key GOP issue as the 2012 election approaches. [color=red]House Republicans have generally opposed ending the breaks because they view them as a tax increase[/color].

Events like Thursday's hearing have become a familiar sight when gasoline prices move upward, as they have in recent weeks. The national average for a gallon of regular unleaded is close to $4, and at least 17 states have prices well above that benchmark, according to recent surveys. [color=red]The oil executives argued that scaling back their tax breaks would unfairly single out their industry and hamper their ability to pursue new energy exploration,[/color] jeopardizing jobs and perhaps leading to even higher prices. They also contended their companies weren't to blame for high gas prices.  Oil executives defend profits, tax cuts at Senate hearing
Gasoline prices are driven by forces beyond their control, [color=red]heads of major oil companies tell lawmakers in arguing against repeal of tax breaks[/color] for their firms
[/quote]

When were these tax breaks enacted?
[/quote]from what I can find 2005 And We all know who was in the WHITE HOUSE that yr, GOD AND BIG OIL ;D ;D
[/quote]

God and Big Oil in 2012...sounds good, I'm in!  8)

[stevenash]

Are these the tax breaks you are talking about?  They are the ones both Obama and Hillary complained of.

Both candidates are referring to a feature of the U.S. tax code that allows domestic companies to defer taxes on “unrepatriated income.” In other words, revenue that companies earn through their overseas subsidiaries goes untaxed by the IRS as long as it stays off the company’s U.S. books.

But economists, including left-leaning ones, do not agree that eliminating this provision will bring an end to off-shoring. And here’s why: In the U.S., companies are taxed 35 percent on earnings of $10 million to $15 million or on all earnings over $18.3 million. That’s one of the highest corporate tax rates in the world, making an overseas move somewhat attractive to companies that wish to avoid the U.S. tax rate. But that’s not the leading reason companies send jobs overseas. According to a 2005 report by the Government Accountability Office, global technological advancement, increased openness of countries such as China and India, the higher education level of foreign workers in technological fields, and the reduced cost per foreign worker are all contributing factors to off-shoring.

We first addressed this popular theme in 2004, when we reported on a John Kerry campaign ad in which he blamed President George W. Bush for providing tax incentives to companies “outsourcing” jobs overseas. At the time we found that such tax breaks, which do exist, pre-dated the Bush administration and that even Democratic-leaning economists did not support the idea that changing the corporate tax code would end the movement of jobs overseas.

[tvc184]

The jobs report just came out for August and there were no net jobs created and the lowest total since last September or in other words, the worst economy in the last year.

I guess those 4 points coming off the bench aren't working very well.

[stevenash]

[quote name="tvc184" post="1046999" timestamp="1314989818"]
The jobs report just came out for August and there were no net jobs created and the lowest total since last September or in other words, the worst economy in the last year.

I guess those 4 points coming off the bench aren't working very well.
[/quote]

Somehow this will be the fault of Bush but if it improves next month, it will be the glorious invigorating economic policies of the current administration.

http://online.wsj.com/article/SB10001424053111904583204576544683358565312.html?mod=djemITP_h

[tvc184]

I like this quote from the article:
[b]White House press secretary Jay Carney suggested the measures could push the unemployment rate below 9%, [color=red]but he also sought to avoid making predictions.[/color][/b]

I guess the Obama administration's memory isn't so bad after all when they can remember almost three years ago saying just give us a trillion dollars and the unemployment will not go over 8%.

So yeah, I guess they want to avoid making predictions or guesses or wishful thinking again.

[westend1]

[quote name="tvc184" post="1046999" timestamp="1314989818"]
The jobs report just came out for August and there were no net jobs created and the lowest total since last September or in other words, the worst economy in the last year.

I guess those 4 points coming off the bench aren't working very well.
[/quote]

Based on 1 months numbers?  Really?

[stevenash]

No, not on one months numbers,really.  Take a moving average for the year and it is still very poor.  The whitehouse just penned in their expectations for 2012 and it includes a prediction of 9% unemployment.

[tvc184]

[quote name="westend1" post="1047019" timestamp="1314990367"]
[quote author=tvc184 link=topic=87540.msg1046999#msg1046999 date=1314989818]
The jobs report just came out for August and there were no net jobs created and the lowest total since last September or in other words, the worst economy in the last year.

I guess those 4 points coming off the bench aren't working very well.
[/quote]

Based on 1 months numbers?  Really?
[/quote]

Yes, really. Have you checked the unemployment figures for the last two years?

You seem to want to portray is as really making progress with a one month dip. Try again.

And since Obama doesn't want to make any predictions anymore, care to make one yourself? Maybe next month will show a significant gain or maybe the next?

Go for it.

[True Blue]

[quote name="westend1" post="1047019" timestamp="1314990367"]
[quote author=tvc184 link=topic=87540.msg1046999#msg1046999 date=1314989818]
The jobs report just came out for August and there were no net jobs created and the lowest total since last September or in other words, the worst economy in the last year.

I guess those 4 points coming off the bench aren't working very well.
[/quote]

Based on 1 months numbers?  Really?
[/quote] Were you been man , I am like a longtail cat in a room full of rockingchairs

[BLUEDOVE3]

[quote name="LumRaiderFan" post="1046967" timestamp="1314987788"]
[quote author=True Blue link=topic=87540.msg1046962#msg1046962 date=1314987475]
[quote author=stevenash link=topic=87540.msg1046946#msg1046946 date=1314986660]
[quote author=True Blue link=topic=87540.msg1046943#msg1046943 date=1314986374]
[size=36pt]Given profits of $35 billion [/size] in just the first quarter alone, it's hard to find evidence that repealing these subsidies would cut domestic production or cause layoffs," Sen. Max Baucus (D-Mont.), chairman of the committee, lectured the oilmen.

Chevron Corp. Chief Executive John Watson, however, said: "Don't punish our industry for doing its job well."

Rising energy prices have become a key economic issue, threatening the current recovery, as well as a political one. Democrats have called for an end to the tax breaks as a way of generating income to close the federal budget deficit; the deficit has become a key GOP issue as the 2012 election approaches. [color=red]House Republicans have generally opposed ending the breaks because they view them as a tax increase[/color].

Events like Thursday's hearing have become a familiar sight when gasoline prices move upward, as they have in recent weeks. The national average for a gallon of regular unleaded is close to $4, and at least 17 states have prices well above that benchmark, according to recent surveys. [color=red]The oil executives argued that scaling back their tax breaks would unfairly single out their industry and hamper their ability to pursue new energy exploration,[/color] jeopardizing jobs and perhaps leading to even higher prices. They also contended their companies weren't to blame for high gas prices.  Oil executives defend profits, tax cuts at Senate hearing
Gasoline prices are driven by forces beyond their control, [color=red]heads of major oil companies tell lawmakers in arguing against repeal of tax breaks[/color] for their firms
[/quote]

When were these tax breaks enacted?
[/quote]from what I can find 2005 And We all know who was in the WHITE HOUSE that yr, GOD AND BIG OIL ;D ;D
[/quote]

God and Big Oil in 2012...sounds good, I'm in!  8)
[/quote]Typical consumer ::)

[LumRaiderFan]

[quote name="BLUEDOVE3" post="1047100" timestamp="1314993783"]
[quote author=LumRaiderFan link=topic=87540.msg1046967#msg1046967 date=1314987788]
[quote author=True Blue link=topic=87540.msg1046962#msg1046962 date=1314987475]
[quote author=stevenash link=topic=87540.msg1046946#msg1046946 date=1314986660]
[quote author=True Blue link=topic=87540.msg1046943#msg1046943 date=1314986374]
[size=36pt]Given profits of $35 billion [/size] in just the first quarter alone, it's hard to find evidence that repealing these subsidies would cut domestic production or cause layoffs," Sen. Max Baucus (D-Mont.), chairman of the committee, lectured the oilmen.

Chevron Corp. Chief Executive John Watson, however, said: "Don't punish our industry for doing its job well."

Rising energy prices have become a key economic issue, threatening the current recovery, as well as a political one. Democrats have called for an end to the tax breaks as a way of generating income to close the federal budget deficit; the deficit has become a key GOP issue as the 2012 election approaches. [color=red]House Republicans have generally opposed ending the breaks because they view them as a tax increase[/color].

Events like Thursday's hearing have become a familiar sight when gasoline prices move upward, as they have in recent weeks. The national average for a gallon of regular unleaded is close to $4, and at least 17 states have prices well above that benchmark, according to recent surveys. [color=red]The oil executives argued that scaling back their tax breaks would unfairly single out their industry and hamper their ability to pursue new energy exploration,[/color] jeopardizing jobs and perhaps leading to even higher prices. They also contended their companies weren't to blame for high gas prices.  Oil executives defend profits, tax cuts at Senate hearing
Gasoline prices are driven by forces beyond their control, [color=red]heads of major oil companies tell lawmakers in arguing against repeal of tax breaks[/color] for their firms
[/quote]

When were these tax breaks enacted?
[/quote]from what I can find 2005 And We all know who was in the WHITE HOUSE that yr, GOD AND BIG OIL ;D ;D
[/quote]

God and Big Oil in 2012...sounds good, I'm in!  8)
[/quote]Typical consumer ::)
[/quote]

Over 9% unemployment and (in my best Dean Wormer voice)  0.0 jobs created in August...I can see why you want to stick with obama!

[shorttexas1]

Ron Paul for President!!! i NEED MY WEED!